CO129-561-10 Estimates 1938 2-9-1937 - 23-9-1938 — Page 13

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All

13

Year.

Expenditure.

Ordinary. Extraordinary. Total.

1933

27,830,266 3,292,449.

31,122,715

1934

27,384,991 3,784,166

31,149,157

1935

25,030,568

3,261,068

28,291,636

1936

26,460,623

3,052, 900

29,513, 523.

1937 App. Est.30,617,130

1,642,030

32,259,160.

1937 Rev. Est.30,172,000

1938 Est.

1,930,000

32,102,000

32,101,699 1,277,850 33, 379, 549.

The most noticeable features of these

figures are the gradual rise of both revenue and

expenditure from 1935 onwards, and the gradual

fall of (a) revenue from Land Sales and (b)

expenditure on public works extraordinary.

The fluctuations in the surplus balance

are set out below.

Surplus of Assets at End of Year.

Year.

1933.

Surplus Deficit.

976,563

13,823,625.

1934

1,574,871.

12,248,754

1935

138,915

12,387,669.

1936

529,463

12,917,132.

1938 Est.

1937 Rev.Est.

[3,124,169]

The main features in the present budget

862,000

12,055,132.

8,941,500.

See 53687/37.

This has not hem finally crecided, but In the meantime this

an being penanced from advances out of surplus

fault Filly.

are:

1.

The heavy expenditure which will have

to be incurred in the next two or three years

upon increasing the water supply of the Colony.

This amounts altogether to $3,185,000, of which

$300,000 will be spent during 1937. This has

already been discussed and approved. The cost of

x

these works will eventually be met from loan

funds.

2.

The recent disastrous typhoon and

cholera epidemic must be mentioned here, though

they

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